Answer:
For this case we know that the fixed cost is $36.50 and the variable cost is 17% of the total amount of money customers spend, let's asusme that this variable is x. And we can create a model like this one:
Where y represent the income and x the the total amount of money customers would need to spend. For this case the value for b = 36.50 and the slope m would be 0.17 since if we convert the % into a fraction we got 0.17. So then the best option is:
D. 150 = 36.50 + 0.17x
Step-by-step explanation:
For this case we know that the fixed cost is $36.50 and the variable cost is 17% of the total amount of money customers spend, let's asusme that this variable is x. And we can create a model like this one:
Where y represent the income and x the the total amount of money customers would need to spend. For this case the value for b = 36.50 and the slope would be 0.17 since if we convert the % into a fraction we got 0.17. So then the best option is:
D. 150 = 36.50 + 0.17x